Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was … Read more

Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations

A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain communities around the globe for the research and development of blockchain solutions. Vietnam to Expand Implementation of Blockchain … Read more

UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects

Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture capital firm, Cypher Capital, recently announced it has launched a $100 million … Read more

Google’s Elite Form a Blockchain Community

Google and the blockchain haven’t exactly been the best of friends. While Google’s parent company, Alphabet, has emerged as one of the biggest corporate investors in blockchain startups, Google and YouTube have clamped down on crypto ads, and this is all most of us judge them by. However, with the blockchain revolution taking off, some … Read more